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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Farsighted Stability with Heterogeneous Expectations | |
Francis Bloch; Anne van den Nouweland | |
发表日期 | 2017 |
出处 | Economic Theory |
出版年 | 2017 |
语种 | 英语 |
摘要 | This paper analyzes farsighted stable sets when agents have heterogeneous expectations over the dominance paths. We consider expectation functions satisfying two properties of path-persistence and consistency. We show that farsighted stable sets with heterogeneous expectations always exist and that any singleton farsighted stable set with common expectations is a farsighted stable set with heterogeneous expectations. We characterize singleton farsighted stable sets with heterogeneous expectations in one-to-one matching models and voting models, and show that the relaxation of the hypothesis of common expectations greatly expands the set of states that can be supported as singleton farsighted stable sets. *** Suggested citation: Bloch, F., A. van den Nouweland, (2017), 'Farsighted Stability with Heterogeneous Expectations', Nota di Lavoro 31.2017, Milan, Italy: Fondazione Eni Enrico Mattei |
特色分类 | C71;D72;D74 |
关键词 | Farsighted Stable Sets Heterogeneous Expectations One-to-one Matching Voting Effectivity Functions |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/farsighted-stability-with-heterogeneous-expectations/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/118544 |
推荐引用方式 GB/T 7714 | Francis Bloch,Anne van den Nouweland. Farsighted Stability with Heterogeneous Expectations. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
20176141145401Nota_d(71KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
2017614114614NDL2017(1165KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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